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SOURCE Allstate Insurance
Avoid 'A Bad Situation'
NORTHBROOK, Ill., Oct. 15, 2013 /PRNewswire/ -- Whether you've dated forever or had a whirlwind romance, enjoyed a big wedding or kept it simple, one fact appears to be almost universal – those first months and years of marriage are a big adjustment.
Money matters are a source of potential conflict once the honeymoon is over, as illustrated by the couple in this video: A Bad Situation. This video touched on themes uncovered in the Allstate Life Tracks survey released earlier this year, in which just half (50 percent) of Americans said they have enough money left over at the end of the month after paying for essentials.
"In real life, it's no laughing matter when partners have different approaches to financial matters but don't talk much about it before they marry," said Don Civgin, president and chief executive officer of Allstate Financial. "As you focus on the obvious money decisions, such as developing a joint budget and savings plan, insurance may be put on the back burner. That can be a big mistake."
Five insurance tips for newlyweds from Allstate:
To take a "Lifetrek" self-assessment that will inform you about life insurance solutions based on your personal situation and preferences, visit http://www.myallstatefinancial.net/?intcid=ILC-Lifetrek-RightRail-130701. For more information on insurance for this stage of your life, visit http://www.myallstatefinancial.com/life-tracks/marriage-partnerships.aspx.
The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer, serving approximately 16 million households through its Allstate, Encompass, Esurance and Answer Financial brand names and Allstate Financial business segment. Allstate branded insurance products (auto, home, life and retirement) and services are offered through Allstate agencies, independent agencies, and Allstate exclusive financial representatives, as well as via www.allstate.com, www.allstate.com/financial and 1-800 Allstate®, and are widely known through the slogan "You're In Good Hands With Allstate®." As part of Allstate's commitment to strengthen local communities, The Allstate Foundation, Allstate employees, agency owners and the corporation provided $29 million in 2012 to thousands of nonprofit organizations and important causes across the United States.
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